FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR- 60119
0.74ratio
FMR$2,070
Market$2,790
vs market-$720
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR- 60119
0.84ratio
FMR$2,340
Market$2,800
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 60119
0.96ratio
FMR$3,010
Market$3,130
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 60119
1.05ratio
FMR$3,440
Market$3,290
vs market+$150
FMR is near market; voucher and private rents are aligned.
1.05
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Elburn, IL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Elburn, IL is $2,340 a month. That is up 10.9% from $2,110 in FY 2026. Elburn is in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Illinois is $958, so Elburn is 144% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Elburn, IL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,750
$1,950
+11.4%
$1,755–$2,145
1BR
$1,870
$2,070
+10.7%
$1,863–$2,277
2BR
$2,110
$2,340
+10.9%
$2,106–$2,574
3BR
$2,720
$3,010
+10.7%
$2,709–$3,311
4BR
$3,140
$3,440
+9.6%
$3,096–$3,784
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Elburn, IL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,950
$2,070
$2,340
$3,010
$3,440
FY 2026
$1,750
$1,870
$2,110
$2,720
$3,140
FY 2025
$1,720
$1,840
$2,080
$2,670
$3,140
FY 2024
$1,660
$1,780
$2,030
$2,580
$3,060
FY 2023
$1,370
$1,480
$1,700
$2,160
$2,560
Questions about Elburn, IL rents
How much will Section 8 pay for a two-bedroom in Elburn, IL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,340, that basic range is $2,106 to $2,574 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Elburn, IL in?
Elburn, IL is in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Elburn, IL for FY 2027?
The two-bedroom FMR rose 10.9%, from $2,110 in FY 2026 to $2,340 in FY 2027. Since FY 2023 it has risen 37.6%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set